AON Price Prediction Next Week
Technical Analysis
AON's stock is currently trading at $369.16, showing a bullish trend in the short term with RSI at 58.04, indicating moderate momentum . The stock is trading above its 20-day moving average of $359.52 but below its 60-day moving average of $369.43, suggesting a potential resistance level around $370.
Fibonacci Analysis Key Fibonacci levels for AON:
- Resistance 3: $384.71
- Resistance 2: $375.27
- Resistance 1: $369.44
- Pivot: $360.00
- Support 1: $350.56
- Support 2: $344.73
- Support 3: $335.29
News Impact Recent news indicates positive developments:
- AON declared a quarterly cash dividend of $0.675 per share, payable February 14, 2025
- The company is expected to release Q4 earnings on January 31, with analysts projecting EPS of $4.24, up 9% year-over-year
- Strong Q3 2024 results with adjusted EPS of $2.72 and revenue growth of 26% year-over-year
Price Prediction for Next Week Based on technical indicators and upcoming earnings:
- Base case (60% probability): $372-377
- Bullish case (25% probability): $378-385
- Bearish case (15% probability): $360-365
Trading Recommendation BUY with entry point at current level ($369.16) with a stop loss at $365.00. The upcoming earnings report could act as a catalyst for upward movement, especially given the company's recent strong performance and positive analyst outlook.
AON Similar Chart Price Prediction
The price of AON is predicted to go up -13.79%, based on the high correlation periods with PBA. The similarity of these two price pattern on the periods is 92.92%.
AON
PBA
Down: -13.79%Similarity: 92.92%
AON Revenue Forecast
AON EPS Forecast
AON FAQs
What is revenue forecast for next quarter？
What is eps forecast for next quarter？
AON VS S&P500
The tollbooth nature of its brokerage operations makes Aon a relatively stable producer of free cash flow.
Aon's established corporate relationships provide an opportunity to enter and cross-sell new services and move into a larger risk-management role over time.
Management estimates that the top four global brokers have only about 30% market share, leaving plenty of space to expand without intense head-to-head competition.
AON Analyst's Forecast
Elyse Greenspan
Wells Fargo
Hold → Buy
Price Target
$377 → $410
Upside
+13.66%
Wells Fargo upgraded Aon plc to Overweight from Equal Weight with a price target of $410, up from $377.
David Motemaden
Evercore ISI Group
Hold → Buy
Price Target
$407 → $420
Upside
+19.12%
Jimmy Bhullar
JP Morgan
Buy
Price Target
$379 → $394
Upside
+11.28%